Plan Ledger DOL Form 5500 · updated monthly

Saes Getters USA, Inc.401(k)

SAES GETTERS 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.12%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Saes Getters USA, Inc. reported $34,660 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,815 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.122%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 377th-largest of 1,461 plans among Colorado employers on file, and the 4,522nd of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,722,054
Participants with balances170
Active participants95
Employer contributions$647,464
Employee contributions$784,046
Employer contribution per active participant$6,815
Average account balance$174,836
Benefits paid to participants$2,130,524
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 170 accts · $647K emplr
2023$27.1M · 170 accts · $691K emplr
2022$23.8M · 171 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,660
Total administrative$34,660
The Saes Getters USA, Inc. 401(k) match · 2024
Employer contribution per active participant$6,815
Median for plans this size$2,416
2024$6,815 per active participant
2023$7,194 per active participant
2022$6,849 per active participant

Saes Getters USA, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,646
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$34,660 · 0.12%
2023$30,589 · 0.12%
2022$32,822 · 0.12%
Similar plansManufacturing · Colorado
Cs Wind America, Inc. CO$34.1M · 0.40%
Lignetics, Inc. CO$33.0M · 0.33%
Aurora Organic Dairy Corp. CO$29.6M · 0.24%
Epilog Corporation CO$28.4M · 0.12%
Boulder Scientific Company CO$28.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830534075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.